One Year in, Private Equity Boosts NFL Values on Handful of Deals
It’s been a year since sports-hungry private equity got access to the jewel of investments: the NFL. The consensus so far is the move has been a resounding success, even…
Investing
Topgolf Founders’ New Bar Concept Gets $34M From Blitzer, Sharp Alpha
The brothers who started Topgolf and Puttshack are back, this time with a high-tech spin on a billiard hall. Poolhouse, a bar-restaurant entertainment concept from Steve…
Emerging Fund Betting $100 Million on Sports-Themed Eateries
With sports teams acting as the anchor tenants of real estate developments nationwide, restaurant veteran Mathew Focht expects sports-themed bars and restaurants to be a…
Mom and Pop Find Way Into Team Ownership as PE Draws Advisors
When the major U.S. sports leagues began opening up their franchises to private equity investment about five years ago, the move heralded a way for the world’s richest…
NWSL Private Equity Rules: What Stake Can PE Have in Teams?
The National Women’s Soccer League, founded in 2012, is one of the youngest top-tier sports leagues in North America. But the NWSL is also one of the fastest-growing…
Kellyn Acosta Joins Harry Kane in Toca Soccer Investor LineupÂ
Kellyn Acosta, a Chicago Fire midfielder with 58 U.S. national team appearances, has become an investor in soccer training and entertainment company Toca Football…
Culture Change: NBA Players More ‘Hands on’ With Business Deals
On a postgame team flight back to Chicago in 2021, Thaddeus Young and a few of his Bulls teammates were playing booray, a gambling card game. During a break, Bulls star…
Tatis-Style Income Sharing Grows in Shaky Regulatory Climate
There has been a wave of new ventures to sell stakes in athletes’ future income, presented as an innovation that allows fans to buy stock in their favorite athlete and…
Angel Reese Joins DC Power Soccer Ownership Group
WNBA rookie and former LSU women’s basketball star Angel Reese is the newest owner of the DC Power Football Club, the women’s soccer team announced Tuesday. Reese…
Exclusive
NBA Star Kuzma Joins Scrum Ventures as Advisor for Sports
Washington Wizards small forward Kyle Kuzma is expanding his activities outside the NBA, joining venture capital fund Scrum Ventures as an advisor. Scrum, which will…
Opinion
Dear NFL Rookie: Your Lifelong Financial Game Plan Starts Now
Today’s guest columnist is Wale Ogunleye, a former NFL player and now head of sports and entertainment at UBS Global Wealth Management. Hey rookie—Not long ago, you…
Pro Sports ETF Will Be Shut Down by Roundhill Investments
Roundhill Investments is shuttering its Pro Sports, Media and Apparel ETF (NYSE: MVP) just over a year after its launch, because the stock fund failed to gain traction…
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